Lenovo’s latest reboot seems to have worked pretty well after a yearslong crash. Investors should wonder how long it can last. The Chinese PC maker’s shares rose 12% Thursday, after it reported better-than-expected results for last quarter: operating profit more than double that of a year earlier, revenue up 8%. Since April the shares have gained 85%, leaving technology peers in the dust.
Source: Wall Street Journal February 21, 2019 09:45 UTC